The sustainable economic value of Electric ProductsThe physics-based services that may be provided by Energy Re... Click for more provided by merchant or private Energy ResourcesA universal term for all technologies that provide one or se... Click for more to support Power SystemA highly complex cyber-physical and transactional System tha... Click for more operations and/or avoid augmentation.
The value that Electric Products provide the Power System is not static. In general, their value can be expected to increase where provision is highly correlated with the needs of the Power System at a given time, geographic segment and/or vertical Tier/LayerThe vertical layers of a GW-scale Power System including the... Click for more, which will vary dynamically.
As decarbonising Power Systems experience increasing VolatilityThe propensity of rapid and/or unpredictable change, especia... Click for more, advanced forms of Operational CoordinationOperational Coordination is the systematic operational align... Click for more will be required to increase the strength of this correlation to enhance the provision of:
- Electric Products: The required ‘3Rs’ physics-based service(s): Real PowerMeasured in MW, is the component of electrical Power that is... Click for more, Reactive PowerMeasured in MVAR, sustains the electrical field in Alternati... Click for more, ReservesMeasured in MegaWatts (MW), represents contracted commitment... Click for more;
- At the right time: days, hours, minutes, seconds, microseconds; and,
- Location: At the right geographic segment or vertical Tier/Layer of the Power System.